Professional Issues


Women increasingly are attaining leadership positions in public accounting firms, and many more of them, as well as men, are taking advantage of the alternative career paths being offered by a growing number of firms. These are two of the findings of A Decade of Changes in the Accounting Profession: Workforce Trends and Human Capital Practices, a study commissioned by the AICPA Work/Life and Women’s Initiatives Executive Committee. To illustrate, not only are 19% of all firm partners female—up from 12% a decade ago—but once women become partners, there seem to be fewer barriers to their advancement to senior positions, such as audit or tax director or office managing partner. More than 2,600 CPAs employed in firms and in business and industry took part in the survey, which is the fourth the committee has funded since 1992. The survey is available under the Research tab at www.aicpa.org/worklife .

SPONSORED REPORT

Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.

QUIZ

News quiz: IRS warning on cyberattacks and a change in pension rules

Once again, the IRS sounds the alarm about a threat from cyberthieves. See how much you know about this and other recent news with this short quiz.

CHECKLIST

Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.